Tag: Employment Trends

By Shannon Ogden | Denver7 Colorado says the state's unemployment rate increased to 3.9 percent in January, while the labor force participation rate dropped to its lowest level since 2020. DENVER — Colorado lost 11,000 nonfarm payroll jobs last year, according to a grim revised jobs report from the Colorado Department of Labor and Employment. Brian Lewandowski, executive director Business Research Division at the Leeds School of Business at CU Boulder, said it is unusual for Colorado to lose jobs outside of recessionary periods. Since 2000, Colorado has only recorded job losses in 2002 and 2003 during the tech burst, 2009 and 2010 during the financial crisis, and in 2020 because of COVID, Lewandowski said. The revised data shows the state lost jobs inst...